For many New Zealanders owning your own home is the ultimate dream. However, for some potential home owners it can fell it it will only ever be a dream. With large deposits needed, rising house prices it can seem practically impossible to get into the property market.
Struggling To Get On The Property Ladder? 4 Alternative Ways To Home Ownership
4 Ways You Can Help Your Kids Buy Their 1st Home
In this day & age it's not uncommon for 1st Home Buyers to need a helping hand to get into a home.
And often the first place they look for that help - is the good old
'Bank of Mum & Dad'
If you're in the position to help them get a foot onto the property ladder (& want to of course) There are a few different ways to go about it.
4 Signs You've Got The Right Mortgage Broker
Finding a mortgage broker can be a little daunting - they may have the right qualifications, great reviews, but can you really trust they'll do a great job for you? And exactly what does an ideal broker look like anyway?
7 Things Your Mortgage Broker Wants You To Know
For many potential First Home Buyers, the current market climate is looking pretty appealing. With interest rates extremely low we’ve seen a definite step forward by those wanting to get on the property ladder.
Looking To Buy? It's Not Always About the Money
Probably not something you'd hear from your local Real Estate agent - however as Mortgage Brokers we often get to see a different side to things.
The OCR & How It Works
February saw a fair bit of talk around the OCR (Official Cash Rate) with an announcement to hold the rate at 1% again this month.
8 HANDY WEBSITES FOR HOME OWNERS & FUTURE HOME OWNERS
There is an amazing amount of information on the web and you can Google almost anything with instant results. But I thought it would be a good idea to introduce you to some specific websites which are very helpful when budgeting, building or purchasing a home. They all provide some great information and generally very easy to navigate around and understand
Buying a Home with a Family Member or Friends
With the average house price in New Zealand being at least 6 times the average income and Auckland housing affordability around 9 times the average income, it may seem nearly impossible to live the dream of owning your own home. However, over recent years we’ve seen a shift in the types of home loan applications we receive – with an increase in family members or friends purchasing homes together to get onto the property ladder.
All You Need to Know About Deposits
The word deposit can cause a little confusion when it comes to buying a home, particularly if it’s your first home. You’ll talk about deposits with the bank and you’ll also be asked for a deposit by the Real Estate agent.
So, the word deposit comes up twice when buying a home, but are they the same thing?